Business

May, Hammond batted away business requests for extra funding – govt

Britain’s Prime Minister Theresa May and Chancellor of the Exchequer Philip Hammond go away 10 Downing Street, in London, Britain, 31 October, 2018. REUTERS/Henry Nicholls

LONDON (Reuters) – Prime Minister Theresa May and Chancellor Philip Hammond batted away on Wednesday requests from business leaders for particular treatment resulting from Brexit, a senior govt instructed Reuters.

One of the business leaders attending a gathering with May and Hammond had requested extra subsidies given the uncertainty surrounding Britain’s departure from the European Union, mentioned the chief, who declined to be named.

“(Hammond) … said you could give people a crock of gold to invest at the moment and they won’t do anything because they don’t know what the future will be,” mentioned the chief, including that the ambiance within the room had been good.

Writing by Alistair Smout; enhancing by David Stamp

Our Standards:The Thomson Reuters Trust Principles.

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